Doug Henwood wrote:
>
> On Nov 29, 2006, at 12:54 PM, Carrol Cox wrote:
>
> > In the last 50 years how many
> > price-changes of a few dollars a barrel have there been?
>
> The average of the absolute value of the yearly change in the yearly
> average price of oil is 22% since 1861; 27% since 1970. In other
> words, the price of oil is extremely volatile.

O.K. And the implication I would draw from this is that when a point
wanders all over the place all the time _nothing_ whatever can be
inferred from one particular variation, or even half a dozen. I'm not
sure what even in principle _might_ a variation that could be assigned
any meaning. Analogy: If a poet regularly uses a particular image (say
of corrupt sexuality) in innumerable different contexts for innumerable
different purposes, then one cannot base a construal of a particular
line on the premise that "corrupt sexuality" = X.

Carrol

>
> Doug

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